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Tech Investments To Slash Solar Energy Costs By Up to 60%: ISA

Solar energy has been identified as key to bridging energy gaps in low-income countries, ensuring access for over 1 billion people globally through various grid-connected and decentralized solutions. According to a report by the International Solar Alliance (ISA), by 2050, solar adoption is projected to create over 27 million green jobs worldwide, offering significant opportunities […]

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Long-Duration Energy Storage Needs To Touch 8 TW By 2040: Report

The world’s energy systems are not decarbonising quickly enough to meet global sustainability commitments, and immediate action must be taken to rapidly deploy long-duration energy storage (LDES) technologies to efficiently integrate the growing amount of renewable energy now coming online, according to a new report. The inaugural Annual Report from the Long Duration Energy Storage […]

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RE Investment Needs Restructuring Favoring Global South: IRENA

IRENA World Energy Transition Outlook identified that there is a geographic concentration of investments, and calls for structural changes to close the financing gap faced by the countries of the global south. According to the report’s findings, among the advanced economies of 38 countries, which make up 14% of the world’s population and represent 40% […]

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NDCs 3.0 A Key For Global Goal To Triple RE By 2030: IRENA

Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to the World Energy Transitions Outlook 2024 of IRENA. Released at the opening of the UN Climate Conference COP29 in Baku, Azerbaijan, the Agency’s 1.5°C Scenario outlines a net-zero […]

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Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report

The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance.  The note recommends the use of integrated green […]

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Powering India’s Net-Zero: Navigating Challenges in Renewable Integration

India’s journey to a net-zero energy future demands an extensive transformation in its power market. As the country intensifies efforts to increase renewable energy (RE) capacity and to realise its 2030 and later net zero goals, numerous challenges—structural, financial, and operational—are emerging, presenting formidable obstacles to integrating a growing share of RE into the national […]

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Australia Set To Add 1.6GWh Of Energy Storage Project

Sunwoda Energy has signed a partnership and collaboration agreement with Gryphon Energy during the All-Energy Australia 2024 event, committing to .6GWh energy storage project. The signing ceremony featured Rob Mailler, Director of Gryphon Energy, and Terry Yuan, General Manager of Global Business of Sunwoda Energy. Located in Queensland, this project will become one of Australia’s […]

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After Floating Solar, Bihar Issues Tender For ‘Pond Solar Systems’

After successfully installing floating solar systems on several water bodies, the Bihar government has now set its sights on deploying solar projects on private ponds. The Bihar State Power Generation Company Limited (BSPGCL) plans to add approximately 20 MW of new solar capacity through pond-based solar systems and has recently issued a tender to this […]

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Hoymiles Microinverters Offer An Efficient Opportunity To Ride The Solar Boom In India

India has emerged as one of the fastest-growing solar markets in the world. With government policies, technological advancements, and increasing demand, solar power is poised to become a mainstream energy source in India’s clean energy transition. Why is it the best time to go solar in India? The year 2024 represents a promising start for […]

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